Stock Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
Asensus Surgical, Inc. (AMEX:ASXC)
Long-Term Downtrend (-90) - ASXC is in a strong downtrend that is likely to continue. While ASXC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ASXC?
MarketClub looks at technical strength and momentum to determine if the timing is right for ASXC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ASXC
The long-term trend has been DOWN since Mar 24th, 2021 at 3.61
The intermediate-term trend has been DOWN since Jul 2nd, 2021 at 2.88
The short-term trend has been DOWN since Oct 22nd, 2021 at 1.74
Smart Scan Analysis for ASXC
Based on our trend formula, ASXC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||6.95||52wk High Date||2021-02-10|
|52wk Low||0.3515||52wk Low Date||2020-11-03|
|Average Volume||2,599,905||Shares Outstanding||234,324|